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5701 Walnut St
Philadelphia, PA 19139
Retail Property For Sale
Investment Highlights
- • Corner property at signalized intersection of Walnut St. & 57th St.
- • Parking and bus routes located directly in front of this property
- • Approx 7 off street parking space available with on street parking
- • Excellent retail in trade area of West Philadelphia with great visibility and access, Approx 7 off-street parking space available, on-street
- • Located in an Opportunity Zone (CMX-2)
- • Ideal location for Retail, Automotive, Medical/Dental & Educational
Executive Summary
This corner property is positioned at the signalized intersection of Walnut Street and 57th Street in West Philadelphia, offering high visibility within a strong retail corridor. The site includes approximately seven off-street parking spaces, with additional on-street parking and direct access to public transit, making it highly accessible for visiting customers and employees. Its CMX-2 zoning enables a variety of commercial uses, enhancing long-term adaptability and value for investors.
Situated within an Opportunity Zone, the property provides potential tax advantages for qualified buyers, further strengthening its investment appeal. Surrounding retail trade activity and dense residential neighborhoods contribute to consistent consumer traffic and market depth, creating an attractive environment for sustained occupancy or redevelopment potential. The property’s location near major roadways and strong transit connectivity ensures dependable accessibility for both local residents and commuters.
Situated within an Opportunity Zone, the property provides potential tax advantages for qualified buyers, further strengthening its investment appeal. Surrounding retail trade activity and dense residential neighborhoods contribute to consistent consumer traffic and market depth, creating an attractive environment for sustained occupancy or redevelopment potential. The property’s location near major roadways and strong transit connectivity ensures dependable accessibility for both local residents and commuters.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,210 SF
Building Class
C
Year Built
1920
Price
$2,500,000
Price Per SF
$223.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.68
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
CMX2 - Commercial Mixed Use
Parking
7 Spaces (0.62 Spaces per 1,000 SF Leased)
Frontage
155’ on Walnut Street
Amenities
- Pylon Sign
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,170,800 | |
| Land Assessment | $344,700 | Total Assessment | $1,515,500 |
Property Taxes
Parcel Numbers
Land Assessment
$344,700
Improvements Assessment
$1,170,800
Total Assessment
$1,515,500
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